Reuters: The European Union is nearing an agreement on a plan to revamp its ailing carbon market, the EU's energy chief Maros Sefcovic said on Wednesday.
"We are very close to agreement between the European Council and European Parliament on carbon market reform," Sefcovic, a vice-president in the European Commission, told a news conference in Brussels.
In an effort to bolster carbon prices and spur industry to switch to greener energy, the EU's executive European Commission has proposed a plan to remove...